Hsbc Holdings PLC Buys 110,238 Shares of Americold Realty Trust Inc. $COLD

Hsbc Holdings PLC grew its stake in Americold Realty Trust Inc. (NYSE:COLD) by 15.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 835,528 shares of the company’s stock after purchasing an additional 110,238 shares during the quarter. Hsbc Holdings PLC’s holdings in Americold Realty Trust were worth $9,569,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. JPMorgan Chase & Co. boosted its stake in shares of Americold Realty Trust by 97.5% in the third quarter. JPMorgan Chase & Co. now owns 1,691,567 shares of the company’s stock valued at $20,705,000 after buying an additional 835,135 shares during the period. DAVENPORT & Co LLC raised its stake in Americold Realty Trust by 39.9% during the fourth quarter. DAVENPORT & Co LLC now owns 4,456,206 shares of the company’s stock worth $57,307,000 after acquiring an additional 1,271,562 shares in the last quarter. TBH Global Asset Management LLC acquired a new position in Americold Realty Trust during the 4th quarter worth approximately $1,163,000. SG Americas Securities LLC bought a new position in shares of Americold Realty Trust in the 4th quarter valued at $10,118,000. Finally, Cambiar Investors LLC boosted its holdings in shares of Americold Realty Trust by 47.6% during the 4th quarter. Cambiar Investors LLC now owns 452,272 shares of the company’s stock valued at $5,816,000 after acquiring an additional 145,940 shares in the last quarter. Institutional investors and hedge funds own 98.14% of the company’s stock.

Americold Realty Trust Trading Down 0.5%

Shares of COLD stock opened at $15.27 on Thursday. Americold Realty Trust Inc. has a fifty-two week low of $10.10 and a fifty-two week high of $17.12. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.11 and a current ratio of 0.11. The stock has a 50 day simple moving average of $15.09 and a two-hundred day simple moving average of $13.45. The company has a market cap of $4.36 billion, a P/E ratio of -39.14 and a beta of 0.96.

Americold Realty Trust (NYSE:COLD) last announced its quarterly earnings data on Thursday, May 7th. The company reported $0.29 EPS for the quarter, topping the consensus estimate of ($0.04) by $0.33. Americold Realty Trust had a negative net margin of 4.29% and a negative return on equity of 3.73%. The company had revenue of $629.87 million during the quarter, compared to the consensus estimate of $613.77 million. During the same quarter last year, the firm posted $0.34 EPS. The company’s quarterly revenue was up .2% on a year-over-year basis. Americold Realty Trust has set its FY 2026 guidance at 1.200-1.300 EPS. Research analysts forecast that Americold Realty Trust Inc. will post 1.16 earnings per share for the current year.

Americold Realty Trust Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were given a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a dividend yield of 6.0%. The ex-dividend date of this dividend was Tuesday, June 30th. Americold Realty Trust’s dividend payout ratio is presently -235.90%.

Analyst Ratings Changes

A number of brokerages have issued reports on COLD. Royal Bank Of Canada upped their target price on Americold Realty Trust from $14.00 to $16.00 and gave the stock a “sector perform” rating in a report on Tuesday, May 26th. Robert W. Baird set a $15.00 price target on Americold Realty Trust in a research note on Friday, May 8th. Wells Fargo & Company upped their price objective on Americold Realty Trust from $14.00 to $15.00 and gave the company an “equal weight” rating in a research note on Monday, June 1st. Scotiabank reiterated a “sector perform” rating on shares of Americold Realty Trust in a report on Friday, July 10th. Finally, Evercore upgraded shares of Americold Realty Trust from an “in-line” rating to an “outperform” rating and set a $18.00 target price on the stock in a research report on Friday, June 26th. Four research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and four have given a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $15.29.

Americold Realty Trust Company Profile

Americold Realty Trust is a real estate investment trust specializing in temperature-controlled warehousing and logistics solutions. The company owns, operates, and develops a global network of cold storage facilities designed to support the storage, handling, and distribution of perishable products. Services include blast freezing, repacking, labeling, cross-docking, and transportation management, all integrated to streamline clients’ cold chain operations and help ensure product quality and safety from origin to point of consumption.

With roots dating back to the early 20th century, Americold has expanded through strategic acquisitions and facility development to become one of the world’s largest publicly traded cold storage providers.